121 sq yd Land & Building for Auction in Nandyal – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

121 sq yd (≈ 1,089 sq ft)

Reserve price / sq ft

₹10,101

Locality

—

City

Nandyal

State

Andhra Pradesh

Address

Descriptions of the prop erty: Property belongs to Mr. Poluru Mohana Sreenivasulu (Applicant) & Mr. Poluru Janardhan (Co-applicant): ITEM- as per the Registered Will Deed Document No: 60 Book of 3/2022 DI 22-06-2022 SRO: All that part and parcel of immovable property of ie the house No.29/207-F1-8 an extent of 121 sq yds and another extent of Ac 0.08 cents or 387.2 sq yds total extent of 508.2 sq. yds in Sy.No. 2302 in ward no.29 and building extent 2228 sqft of Nandyal Town and Mandal, Nandyal Municipality, Nandyal District, Nandyal Sub Registration within the following particulars. Property: ITEM ITEM NO.1: As per the Registered Sale Deed No.4870/2009-an extent of 2.5 Cents and 121 Sqyds yds in in Sy.No.2302. Sy.No. Boundaries: North: Property of Shaik Kahdar Vali, East: Site of Nadigadda Chinna Nabhi hi Saheb, South: Others site. West: Road. ITEM NO.2: As per Registered Sale Deed No.786/1986 an extent of AC.0.03 Cents or 145.2 Sq.yds in Sy.No. 2302): North-property of P.Swamynatham, West: Rasta, South: Site of Main, East: Site of Nadigadda Chinna Nabhi Saheb. ITEM NO.3: As per Registered Sale Doed No.4982/1984 an extent of Ac.0.05 cents or 242 Sqyds in Sy.No.2302. North: Property of Venkataramaiah, West: Rasta, South: Site of Main, East: Site of Nadigadda Chinna Nabhi Saheb and Others. Total Land extent: 508 sq.yds in which built up area extent 2228 Sq.ft View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

NTR Dist

Auction type

SARFAESI Auction

Borrower

Poluru M***** S*****

Auction start

24 Nov 2026, 11:00 AM

Auction end

24 Nov 2026, 01:00 PM

EMD submission deadline

23 Nov 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2457676

Price Check

This listing's reserve price works out to ₹10,101 per sq ft. The average across residential bank auctions in Nandyal on our site is ₹2,948 per sq ft, so this one is 243% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2457676), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹11,00,000 before 23 Nov 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 24 Nov 2026 starting above the reserve price, in multiples of ₹1,00,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.